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Letting Fee Information

Lettings Fees Administration & Contract Fees £150 plus VAT for a single person letting.

For all tenancy or lettings for 2 or more people is £100 plus VAT per person.

Sold 0 Bedroom 1 Bathroom 1 Reception £370,000

Portpool Lane, Clerkernwell, EC1N - £370,000

A large and bright unmodernised studio apartment on the third floor of a well known Edwardian red-brick local authority building. There is a secure entry-phone system to control access to the a block. The estate has Grade II listing and the apartment has period features including high ceilings and sash windows.

The building is well built with thick red-brick walls and the apartment is in structurally good condition. The main room faces a quiet pedestrianised road and has double sash windows. The large eat-in kitchen would benefit from updating but has potential to be a good entertaining space and faces south with plenty of light.

The apartment has a long lease, peppercorn ground rent and low annual service charge.

The Eurostar terminal at St Pancras/Kings Cross is close to the property - 15 minutes walk or can be accessed via Farringdon Station which will be the main beneficiary of London's current main transport project, i.e. Crossrail. The upgraded ThamesLink service is a direct link to both Luton and Gatwick airports and at Farringdon the new Crossrail line intersects with Thameslink giving the station a unique north - south and east - west transport connection to all London's main airports.

The apartment has excellent potential as it is within an area of high rental demand between the West End and the City close to Covent Garden, resulting in high yields and is in a golden stretch for capital growth as it lies between Kings Cross and Farringdon.

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.